See? Just pay 3 satoshis per byte and wait a day, rather than a hundred+ for half a day...
You always can get cheaper transaction fees if you can wait for 6 hours. Instant transactions with first confirmation within next 1 or 2 blocks eat up your capital because fee rates to use are always at tip of mempool (never be cheap).
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With different capital in hands, people need to have different investment or trading strategies to get profits or to exit at price they want (take profit or cut loss, it depends). - Volume is most important factor when you invest or trade. If a coin or token has very low volume that much lower than the amount you plan to invest or trade with it, you will get troubles for your orders. Your orders might not be filled up at price you want or won't be filled up at all.
- It is easy to exit with $100 for most of coins or tokens on the market.
- It is challenging to exit with $10000 (more than 0.7 BTC) if you set your order at a single price. It is not a matter with bitcoin but for most of altcoins, you will get troubles.
- Your orders look big enough to be considered as supports or resistances by others
- You can see profit on screen but if you can not exit, you won't get profit in hands
Solutions: - Make your orders sparesly at different price will help them are easier to be filled.
- Make good allocation for your capital to a few coins/ tokens for your capital part for altcoins or tokens, not bitcoin.
- Diversification helps you
- Reduce risks from scam coins/ tokens and their unexpected dumps or scam exits.
- Might be easier to exit anytime you want.
- Bitcoin should account for 70% to 80% of your portfolio.
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What do you think about the fees and the perspectives?
- Price of bitcoin will become more stable (maintains around $13000 or dump first then has a new stable price range). People will not be crazy accept high fee because their demands to buy or take profits will become less.
- Next difficulty adjustment will help to deal with latest drop in total hashrates.
- Mempool will be better (smaller size) and fee will become cheaper
To compare transaction fees over periods, I think it is better if you use fees in satoshi or BTC, not in USD. 2 transactions with same transaction size, same fee rate will have different fees in USD.
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I've checked two charts for 26 October and I think that the difference may be caused by timezone. One chart tells that average fee was 3.44$ that day, another one tells 5.74$. - Timezones make differences because there are geographical locations from which more bitcoin transactions will made. More transaction counts do cause higher transaction fee.
- Days of week make difference too. Weekends usually give you better fee rate (cheaper). Do you know that in last weekend, there are few times mempool was dipped to 1 satoshi/(v)byte before all things go up?
- Another reason is average and median are different statistics. Average can be seriously affected by outliers (red circles in the box plot) but median can not. You can call median as true average statistics of a sample.
More details is here Bitcoin transaction fees (feer per KB - in USD) with median, outliers, plotsThere were people who spent $153 per kb for his/ her transaction. Crazy sender! About weekend and institutional effects (I gonna give you updates and improve that thread later). Weekend to come so please consolidate your coins and / or move your funds to save fees. If you don't have need to move your coins, consolidate them instead (at 1 satoshi/byte). Look at below statistics for latest update and compare median transaction fees (in satoshis/ kB) on Sunday and Saturday to Friday: - Friday: 18471
- Saturday: 14258 (22.8% cheaper)
- Sunday: 12701 (31.2% cheaper)
Transaction fee is decided by transaction size and fee rate. - Fee rate: Senders can set any fee rate they want -- of course, must avoid 0 satoshi/(v)byte.
- Transaction size: is decided by input and output (types and numbers).
If you make 2 transactions with same type and same fee rate, just different in the amount of bitcoin (and value in USD), 2 transactions will have same transaction fee. Reminders- Consolidate your small inputs (I learned it from LoyceV). If you do it on last weekend, today you can make transaction with cheaper fees (even you have to make 2 transactions, 1 on last weekend and 1 today)
- Observe mempool and plan your transactions (days of week and hourframe)
- Sign your transaction with opt-in Replace-by-Fee option (just in case) when fee rate is low
- Be your own bank with non-custodial wallet. If you use custodial wallet or store your bitcoin on exchanges, casinos you have accept funny situations
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Great thread but I would like to give OP and readers another thread on Locktime from LoyceV. I read LoyceV's thread in 2019 but never mind to think of when I will use it. I am not a bitcoin whale so at the moment I have not yet imagined when I will use Locktime. At least now the forum has 2 threads on Locktime (Paper wallet and Electrum wallet). Both 2 threads are in my spreadsheet. Using Locktime for inheritance planning, backups or giftsMastering bitcoin 1st edition, chapter 5TRANSACTION LOCKTIME
Locktime defines the earliest time that a transaction can be added to the blockchain. It is set to zero in most transactions to indicate immediate execution. If locktime is nonzero and below 500 million, it is interpreted as a block height, meaning the transaction is not included in the blockchain prior to the specified block height. If it is above 500 million, it is interpreted as a Unix Epoch timestamp (seconds since Jan-1-1970) and the transaction is not included in the blockchain prior to the specified time. The use of locktime is equivalent to postdating a paper check.
I don't know I can not find it in the chapter 6 of its 2nd version
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Thank you sir for permission to translate your thread. But before that I apologized because I just finished today and I made it. This is all because of Covid-19, my job is a bit tougher. The following is the result of my translation in the Indonesian Sub Forum [Edukasi][Diskusi]- Daftar Halaman Tersembunyi dan DeskripsiOnce again, thank you very much, this is very useful for me and maybe in a local forum. Thanks for your time to translate it. I did not remember I have conversation with you in PM. I always reply to any people who contact me in PM for acceptance to do translations of my threads "You are free, always to do so. Just remember to leave links (for respect and for your account safety -- plagiarism causes perma-ban) Please correct this typo in your translation too. | | | | | | | | | | | | | | | | | | | | | | | | Halaman Tersembunyi/ fitur | | | Deskripsi penggunaan | | | | | PGB Kunci Publik | | | PGB Kunci Publik | | |
Is it just a typo? Because as far as I know the correct one is PGP (Pretty Good Privacy) Public Key.
It is a typo and you make me surprised that I did neither notice the typo nor many guests of this thread. I therefore much thankful for your typo finding. After month, it has been corrected.
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"Never be correct", even if both assets were literally moving together for months? While they've moved the opposite ways recently, it still doesn't change the fact that they were somewhat correlated. This isn't even an opinion. It's just data.
"All models are wrong" according to George Box. There are many contributors (variables) to a model. You have to make decisions to keep this variable while exclude another variable. No matter the final models you like the most are, all of them are wrong at somewhat levels and at some points of time. Model A can be right today but it will be wrong later. The unbelievable weak down in March of 2020 is a lively example for this. There is no model can control all those things. The amazing thing is if you can build a good model from which you can get some points to use. It is not perfect but you can use with your awareness of uncertainty. Models are built from past conditions, data and with the assumption that future conditions won't change much. In reality, life is different and it happens in uncontrollable way. [1] https://en.wikipedia.org/wiki/All_models_are_wrong
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Using the 30 days MA will always give you "terrible" results, the number of blocks found in 30 days is a drop in the ocean as far as the 210,000 blocks are concerned, so getting 7 years halving estimate is pretty normal, getting 2 years is also nothing out of the ordinary, can you do another analysis from the last halving to the latest block? one more thing, you should use block time, ignore the confirmation thing, I remember you made a topic about empty blocks? you could use the same data from LoyceV.
Thank you. It is my mistake from carelessness with the likely wrong term from bitinfocharts.com. From my mistake, I looked back and see they use confirmation time ~ block time. This discussion sheds a light for me that the confirmation time shows how generous or parsimonious or relevant people do their bitcoin transactions over time. There are some factors behind (knowledge, practice, skills, urgent needs, etc.) but somewhat can give us some ideas.
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I would like to know what Mitchell has to say about the template.
You can find it in OP. Template is only one part of previous posts. Local rules:
- The only allowed posts are about updates to the OP or available spots for campaigns.
- Posts about available spots for campaigns should be removed when they become obsolete.
- Discussion about campaigns are strictly forbidden (unless it's really relevant, which in 99% of the cases, it isn't).
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That's the confirmation time for a transaction, it is not really correlated with the time between blocks although it can be influenced by it, just look at how that thing is looking for the last year, if it were like that we would be seeing the next halving in 8 years as for the last month we've had an average confirmation time of around 20 minutes. This is the block time, showing the average time between blocks: https://bitinfocharts.com/comparison/bitcoin-confirmationtime.html#6mI am sorry for my mistake. I did not carefully notice it. Confirmation time is affected by fee rate each transaction is set up with. Firstly with Raw value option, I see the fluctuation around 10 mins and not check more. Thanks for your correction. I knew the link you provided (thanks, of course). You post makes me wonder why bitinfocharts.com uses the term confirmationtime for block time. This somewhat causes my mistake (I did not do double check).
It is a function of how full the mempool is, not how fast or slow the block time is. If I drop 500 MB of 1 sat/vbyte transaction in the the mempool right now, then even if we found a block every 5 minutes for the rest of the day the median confirmation time is going to be pushed up towards an hour. There is no direct correlation.
Yes. It is not a linear correlation. In fact, hashrates rise significantly or falls dramatically over different period. Total blocks founds with short interval and total blocks found with long interval balance one another. It is what why the median value of block time is around 10 minutes. Miners (their greediness, over-mining activities or capitulations) can result in shortly impacts but in the long run, they can not. Looking at the graph, there is also no way the average block time could have increased from 10 minutes to 17 minutes over the course of 3 months without a massive drop in hashrate. That's approximately 10-12 difficulty readjustments. For the difficulty to readjust 10-12 times, but the block time to continue to increase, there would have had to have been a huge and consistent loss of hashrate over the last 3 months, when in reality it has increased from ~120 EH/s to ~140 EH/s.
Thank you for the detailed explanation from which I learned something too. Again, the chart is taken from third party and its validity is unknown. I simply took it for these estimations. Price of bitcoin has its impacts as well. Lots of assumptions, lots of if. I am thankful to the difficulty adjustment that help the network works and halving intervals are almost stable.
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As for bitcoin specifically, it's a typical coin flip. If you'd ask me a month ago, I would say that bitcoin would continue to go up with the S&P500(because of government bailouts) but lately both assets have been going on their separate ways so we're back to extremely unpredictable territory.
All of such plots, correlations are for reference and for what happened, for the past. Forecasts are made by using past data and never be correct but among many useless or incorrect models, there are some good models that we can use. Those possible lag effects are the decision made by different companies to layoff their employees. It might have been a hard time for them for sure, but that's the reality of what happened during the pandemic.
Delayed or lag effects here are from many factors: - Delay of news released why we all knew the pandemic is there. WHO delayed to make a public announcement that it is a pandemic. - Delay of data collection on unemployment rates till the monthly reports. Monthly reports are released on the first Friday of each calendar month. - Delay of companies to reduce their human resources, etc. - Delay of news effects on different local markets. Where is the geographical location the news is released initially? And how long till the news show its biggest effects globally? About Bitcoin and gold, over history and in 2020 only, they are positively correlated with 7 days delay (not instantly or intraday). I can say so (with confirmation from data). I think that these graphs may well correlate for this reason: It is no secret to anyone that the pandemic in the first place deals a very tangible blow to the US economy. The economy begins to suffer and, accordingly, large masses of people begin to seriously think about what to do with their savings so that they are not subject to inflation, and naturally some of these people turn their eyes towards bitcoin and cryptocurrencies. And thus, it can have a rather tangible effect on the price of bitcoin.
It is just partially true I think. Because the real momentum behind the iceberg is not from the pandemic, it happened and accumulated months before the pandemic announcement on March. About people, there are many conservative people that you will almost never be able to convince them about bank system bailouts. They are more than ones you can convince and they are not real fuel for the rise of bitcoin, IMO.
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I came back to WO today (with post, not simply read). Enjoy WO gang!
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Halving happens for each 210 000 blocks but how long the interval between 2 consecutive halving days is a myth. No one can tell you exactly. It depends on fluctuations or increases or decreases of block confirmation time within the all batch of 210 000 blocks. The chart shows you how the median confirmation time (block time) change over years. The plot is for 30-days MA. Let's estimate the interval between 2 halvings based on 30-days MA of block time. In fact, I don't believe we will have to wait up to next 7 years (since May 2020) to see next halving. The plot shows regularly corrections of block time. - 10 minutes: 3.995 years
- 15 minutes: 5.993 years
- 17.76 minutes (current 30-days MA of block time): 7.096 years
Raw estimations . di 210000*10/60/24/365 3.9954338
. di 210000*15/60/24/365 5.9931507
. di 210000*17.76/60/24/365 7.0958904
https://www.blockchain.com/charts/median-confirmation-time
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Update 2020w42, 23oct2020 02:43:30 (GMT time)* last 3 days belong to 2020w43.For all users:- Number of users who only earned at least 1 merit: 20726
- Number of users who only sent at least 1 merit: 7369
- Number of users who earned AND sent at least 1 merit: 15262
- Number of users who earned OR sent at least 1 merit: 43357
- Total banned users: 210355
- Total earned merits (for all): 689863
- Total sent merits (for all): 734888
For legit users only:- Total legit users: 12630
- Total earned merits: 652737
- Total sent merits: 705958
A summary table (for legit users only) | | | | | Earned merits | | | | | | Sent merits | | | Groups | | | Freq. | Percent | Total earned | Percent | | | Freq. | Percent | Total sent | Percent | __________________ | | | ___________ | _________ | _____________ | _______ | | | ___________ | _________ | _____________ | _______ | 1-10 | | | 7657 | 60.6 | 35910 | 5.5 | | | 8886 | 70.4 | 31266 | 4.4 | 11-100 | | | 3878 | 30.7 | 116894 | 17.9 | | | 2885 | 22.8 | 97774 | 13.8 | 101-250 | | | 570 | 4.5 | 87652 | 13.4 | | | 503 | 4.0 | 78309 | 11.1 | 251-500 | | | 239 | 1.9 | 81035 | 12.4 | | | 176 | 1.4 | 61293 | 8.7 | 501-1000 | | | 167 | 1.3 | 119515 | 18.3 | | | 91 | 0.7 | 59139 | 8.4 | 1001+ | | | 120 | 1.0 | 211731 | 32.4 | | | 89 | 0.7 | 378177 | 53.6 | Total | | | 12630 | 100 | 652737 | 100 | | | 12630 | 100 | 705958 | 100 | __________________ | | | ___________ | _________ | _____________ | _______ | | | ___________ | _________ | _____________ | _______ |
Bar charts:Note:- Data on autobanned/ nuked users began at January 04, 2019, 08:03:06 AM *Counted at the start of this topic
Merit status (for all) | Frequency | Percent | _________________________ | ______________ | ______________ | Sent only | 7369 | 17.0 | Earned only | 20726 | 47.8 | Both | 15262 | 35.2 | Total | 43357 | 100 | _________________________ | ______________ | ______________ | Account status (for legit only) | | | _________________________ | ______________ | ______________ | Legit | 12630 | 82.8 | Banned | 2632 | 17.2 | Total | 15262 | 100 | _________________________ | ______________ | ______________ |
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If the average confirmation wait time for the 2 MB target from tip is between 1-5 minute then I think it won't be a problem if I use the 5 MB target from tip assuming that I will get confirmation between 20-30 minute of confirmation after the Transaction broadcast (also without ignoring the two factors above). But of course only do so if it's not in urgent circumstance.
You misunderstood it. In average, block time is 10 minutes. And if the fee rate you use is 2 MB from the tip of mempool, it means you will likely have to wait till next 2 blocks to have first confirmation for your transaction. As I said, it depends on mempool condition changes and your luck. If after the timestamp you broadcast your transaction, mempool won't change much (won't increase much in size) and blocks are found superb fastly (within seconds or less than 10 minutes per each block), your transaction will be confirmed fastly. However, when you estimate waiting time for your transaction, you should assume block time is 10 minutes. The plot (1-year window) shows you fluctuation of block time around 10 minutes. If you expand windows to more than 1 year (the second link), you can see there are times when block times are more than 20 minutes. The luck I meant is third link. Sometimes blocks are found very fast but rarely to see. And it is more rarely to see if it is about 2 consecutive blocks. You can also see it with my analysis on empty block. Empty block is different but you can look at emptygap (in seconds) to get what I meant about luck. Part I (for AntPool) +--------------------------------------------------------------------------------------+ | blockid blocktime lag_blockid lag_blocktime emptygap lag_fee | |--------------------------------------------------------------------------------------| 1. | 295637 13apr2014 15:52:13 295636 13apr2014 15:51:47 26 18464 | 2. | 318180 30aug2014 02:29:42 318179 30aug2014 02:29:25 17 27947.1 | 3. | 318202 30aug2014 06:16:46 318201 30aug2014 06:16:43 3 32605.6 | 4. | 319252 05sep2014 17:06:07 319251 05sep2014 17:05:53 14 33665.8 | 5. | 319412 06sep2014 16:57:02 319411 06sep2014 16:56:06 56 27099 | |--------------------------------------------------------------------------------------| 6. | 319591 07sep2014 19:16:54 319590 07sep2014 19:11:59 295 13504.7 | 7. | 320010 10sep2014 15:05:47 320009 10sep2014 15:05:32 15 32334.9 | 8. | 320724 14sep2014 22:54:03 320723 14sep2014 22:53:48 15 28636.5 | 9. | 320857 15sep2014 19:31:40 320856 15sep2014 19:31:05 35 27537.6 | 10. | 321174 17sep2014 14:46:29 321173 17sep2014 14:45:34 55 31678.1 | |--------------------------------------------------------------------------------------| 11. | 321739 20sep2014 20:42:41 321738 20sep2014 20:42:34 7 30607.7 | 12. | 321788 21sep2014 02:34:10 321787 21sep2014 02:34:05 5 34188.2 | 13. | 322407 24sep2014 23:58:18 322406 24sep2014 23:57:57 21 25934.5 | 14. | 322420 25sep2014 01:14:27 322419 25sep2014 01:14:11 16 28513.2 | 15. | 322919 28sep2014 12:04:07 322918 28sep2014 12:03:59 8 12508.7 | |--------------------------------------------------------------------------------------| 16. | 323667 03oct2014 17:32:16 323666 03oct2014 17:29:31 165 9891.12 | 17. | 323713 04oct2014 01:09:11 323712 04oct2014 01:08:44 27 23349.5 | 18. | 324519 09oct2014 10:56:13 324518 09oct2014 10:55:06 67 21874.3 | 19. | 324619 10oct2014 00:02:58 324618 10oct2014 00:02:41 17 30617.8 | 20. | 324847 11oct2014 12:27:42 324846 11oct2014 12:27:32 10 41061 | |--------------------------------------------------------------------------------------| 21. | 325496 15oct2014 23:07:56 325495 15oct2014 23:07:39 17 13190.4 | 22. | 325839 18oct2014 05:38:02 325838 18oct2014 05:38:02 0 32985.2 | 23. | 325994 19oct2014 05:53:40 325993 19oct2014 05:53:16 24 25394 | 24. | 326053 19oct2014 17:26:46 326052 19oct2014 17:25:51 55 10222.3 | 25. | 327574 29oct2014 23:15:35 327573 29oct2014 23:14:02 93 22767.1 | |--------------------------------------------------------------------------------------| 26. | 328525 04nov2014 15:11:41 328524 04nov2014 15:10:20 81 37132.9 | 27. | 330046 14nov2014 23:16:29 330045 14nov2014 23:16:19 10 30000.7 | 28. | 330108 15nov2014 09:39:44 330107 15nov2014 09:39:18 26 27234.8 | 29. | 332277 30nov2014 11:22:47 332276 30nov2014 11:22:12 35 15591 | 30. | 332553 02dec2014 09:05:01 332552 02dec2014 08:53:18 703 25170.2 | |--------------------------------------------------------------------------------------| 31. | 333462 08dec2014 20:21:02 333461 08dec2014 20:20:36 26 25980.9 | 32. | 333520 09dec2014 07:43:09 333519 09dec2014 07:42:57 12 23694.5 | 33. | 333549 09dec2014 12:56:12 333548 09dec2014 12:55:57 15 26019 | 34. | 333806 11dec2014 06:51:43 333805 11dec2014 06:51:21 22 21704.7 | 35. | 333956 12dec2014 05:10:29 333955 12dec2014 05:09:52 37 55416.5 | |--------------------------------------------------------------------------------------| 36. | 334548 16dec2014 10:35:52 334547 16dec2014 10:35:00 52 23399.1 | 37. | 334880 18dec2014 22:14:25 334879 18dec2014 22:12:01 144 20406.1 | 38. | 335248 21dec2014 15:07:02 335247 21dec2014 15:06:35 27 25720.9 | 39. | 335411 22dec2014 19:31:46 335410 22dec2014 19:29:49 117 56678.8 | 40. | 335519 23dec2014 10:53:30 335518 23dec2014 10:53:21 9 25308.3 | |--------------------------------------------------------------------------------------| 41. | 335855 25dec2014 14:05:37 335854 25dec2014 14:05:07 30 18858.4 | 42. | 335986 26dec2014 12:55:14 335985 26dec2014 12:54:56 18 46472.6 | 43. | 336005 26dec2014 15:53:52 336004 26dec2014 15:53:15 37 89004.6 | 44. | 336140 27dec2014 09:29:13 336139 27dec2014 09:25:28 225 12469 | 45. | 336165 27dec2014 14:49:17 336164 27dec2014 14:47:45 92 64264.5 | |--------------------------------------------------------------------------------------| 46. | 336316 28dec2014 13:24:17 336315 28dec2014 13:22:20 117 24198.4 | 47. | 336478 29dec2014 12:42:40 336477 29dec2014 12:42:15 25 44218.1 | 48. | 336572 30dec2014 02:32:07 336571 30dec2014 02:31:25 42 25495.3 | 49. | 336655 30dec2014 15:51:54 336654 30dec2014 15:51:27 27 20438.9 | 50. | 337172 02jan2015 21:41:32 337171 02jan2015 21:35:48 344 25078.3 | |--------------------------------------------------------------------------------------| 51. | 337717 06jan2015 05:58:54 337716 06jan2015 05:58:47 7 13383.9 | 52. | 337848 07jan2015 01:53:43 337847 07jan2015 01:53:01 42 23875.3 | 53. | 338289 10jan2015 03:25:23 338288 10jan2015 03:24:43 40 23802 | 54. | 338382 10jan2015 18:20:11 338381 10jan2015 18:18:29 102 29811.8 | 55. | 338522 11jan2015 17:30:58 338521 11jan2015 17:30:37 21 12767.9 | |--------------------------------------------------------------------------------------| 56. | 339238 16jan2015 18:38:54 339237 16jan2015 18:38:33 21 11191.3 | 57. | 339446 18jan2015 07:14:22 339445 18jan2015 07:14:16 6 15254.6 | 58. | 339551 18jan2015 21:42:50 339550 18jan2015 21:41:22 88 35116.9 | 59. | 339888 21jan2015 11:43:09 339887 21jan2015 11:42:44 25 22349 | 60. | 340094 22jan2015 20:42:30 340093 22jan2015 20:41:53 37 23826 | |--------------------------------------------------------------------------------------| 61. | 340115 23jan2015 01:05:39 340114 23jan2015 01:02:41 178 28700.8 | 62. | 340280 24jan2015 07:52:22 340279 24jan2015 07:51:29 53 26353.2 | 63. | 340293 24jan2015 12:32:41 340292 24jan2015 12:31:20 81 30551.4 | 64. | 340375 25jan2015 02:30:23 340374 25jan2015 02:29:45 38 19065.2 | 65. | 340434 25jan2015 14:17:31 340433 25jan2015 14:17:14 17 12649.7 | |--------------------------------------------------------------------------------------| 66. | 340723 27jan2015 17:25:21 340722 27jan2015 17:24:48 33 29734.5 | 67. | 341338 31jan2015 17:40:12 341337 31jan2015 17:31:06 546 10242.2 | 68. | 341733 03feb2015 04:47:45 341732 03feb2015 04:46:51 54 18849.5 | 69. | 342139 05feb2015 22:27:20 342138 05feb2015 22:25:07 133 19331.9 | 70. | 342406 07feb2015 12:00:25 342405 07feb2015 11:59:20 65 29272.7 | |--------------------------------------------------------------------------------------| 71. | 342482 07feb2015 23:30:31 342481 07feb2015 23:30:07 24 30417.5 | 72. | 342838 10feb2015 09:26:01 342837 10feb2015 09:24:46 75 23899.9 | 73. | 342896 10feb2015 19:22:57 342895 10feb2015 19:22:33 24 13152.6 | 74. | 342929 11feb2015 00:27:49 342928 11feb2015 00:27:11 38 28692.6 | 75. | 342937 11feb2015 01:33:19 342936 11feb2015 01:32:49 30 28926.5 | |--------------------------------------------------------------------------------------| 76. | 342963 11feb2015 06:06:07 342962 11feb2015 06:06:00 7 24257.6 | 77. | 342981 11feb2015 08:40:02 342980 11feb2015 08:40:00 2 9328.26 | 78. | 343315 13feb2015 18:17:02 343314 13feb2015 18:16:16 46 16466.4 | 79. | 343833 17feb2015 04:02:14 343832 17feb2015 04:01:01 73 21604.6 | 80. | 344013 18feb2015 08:37:35 344012 18feb2015 08:37:02 33 12463.1 | |--------------------------------------------------------------------------------------| 81. | 344254 19feb2015 19:05:41 344253 19feb2015 19:05:34 7 27458.8 | 82. | 344314 20feb2015 03:57:45 344313 20feb2015 03:57:37 8 0 | 83. | 344394 20feb2015 14:02:04 344393 20feb2015 14:01:09 55 26710.6 | 84. | 344459 21feb2015 02:24:55 344458 21feb2015 02:23:40 75 33544.5 | 85. | 344510 21feb2015 12:05:47 344509 21feb2015 12:05:28 19 1962.52 | |--------------------------------------------------------------------------------------| 86. | 344608 22feb2015 03:53:04 344607 22feb2015 03:52:00 64 29492.3 | 87. | 344858 23feb2015 21:24:22 344857 23feb2015 21:24:06 16 25882.1 | 88. | 344875 23feb2015 23:03:09 344874 23feb2015 23:02:33 36 35454.9 | 89. | 344955 24feb2015 14:07:51 344954 24feb2015 14:07:19 32 24331.1 | 90. | 344988 24feb2015 20:11:21 344987 24feb2015 20:10:58 23 25458.1 | |--------------------------------------------------------------------------------------| 91. | 345155 25feb2015 22:07:27 345154 25feb2015 22:05:39 108 14067.5 | 92. | 345228 26feb2015 10:35:53 345227 26feb2015 10:35:10 43 14310 | 93. | 345239 26feb2015 11:48:43 345238 26feb2015 11:47:31 72 22885.9 | 94. | 345321 27feb2015 00:45:10 345320 27feb2015 00:44:22 48 26336.6 | 95. | 345429 27feb2015 16:42:48 345428 27feb2015 16:39:17 211 30251.5 | |--------------------------------------------------------------------------------------| 96. | 345692 01mar2015 12:40:23 345691 01mar2015 12:39:50 33 23482.1 | 97. | 345914 03mar2015 01:00:17 345913 03mar2015 00:56:56 201 13909.9 | 98. | 345948 03mar2015 06:21:35 345947 03mar2015 06:21:29 6 24001.7 | 99. | 346030 03mar2015 18:44:42 346029 03mar2015 18:44:23 19 26333.6 | 100. | 346157 04mar2015 15:24:48 346156 04mar2015 15:24:26 22 24468.7 | |--------------------------------------------------------------------------------------| 101. | 346206 04mar2015 23:35:31 346205 04mar2015 23:22:05 806 14655 | 102. | 346590 07mar2015 17:50:27 346589 07mar2015 17:43:16 431 55894.9 | 103. | 347125 11mar2015 06:41:31 347124 11mar2015 06:41:08 23 16181.1 | 104. | 347301 12mar2015 12:49:33 347300 12mar2015 12:48:42 51 25139.1 | 105. | 347668 15mar2015 05:02:29 347667 15mar2015 04:56:57 332 36273.2 | |--------------------------------------------------------------------------------------| 106. | 347680 15mar2015 07:03:37 347679 15mar2015 07:03:05 32 27773.8 | 107. | 347720 15mar2015 13:39:48 347719 15mar2015 13:39:31 17 0 | 108. | 347847 16mar2015 10:42:15 347846 16mar2015 10:40:42 93 32555.7 | 109. | 347975 17mar2015 09:44:51 347974 17mar2015 09:42:49 122 21470.9 | 110. | 348010 17mar2015 14:56:42 348009 17mar2015 14:55:55 47 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350620 04apr2015 02:05:41 28 29668.3 | 133. | 350738 04apr2015 20:54:07 350737 04apr2015 20:53:10 57 26544.9 | 134. | 350925 06apr2015 03:24:34 350924 06apr2015 03:22:40 114 42591.9 | 135. | 351123 07apr2015 13:35:05 351122 07apr2015 13:34:44 21 30093.8 | |--------------------------------------------------------------------------------------| 136. | 351327 09apr2015 02:21:47 351326 09apr2015 02:20:22 85 38656.8 | 137. | 351401 09apr2015 15:33:06 351400 09apr2015 15:32:54 12 18198.9 | 138. | 351833 12apr2015 18:01:46 351832 12apr2015 18:01:14 32 12466.2 | 139. | 351871 13apr2015 01:52:04 351870 13apr2015 01:50:49 75 23559.5 | 140. | 352010 13apr2015 22:41:43 352009 13apr2015 22:41:14 29 23576.4 | |--------------------------------------------------------------------------------------| 141. | 352128 14apr2015 16:51:18 352127 14apr2015 16:50:34 44 27711.7 | 142. | 352203 15apr2015 07:57:38 352202 15apr2015 07:56:12 86 24592.3 | 143. | 352288 15apr2015 23:44:28 352287 15apr2015 23:44:10 18 10801.3 | 144. | 352442 17apr2015 02:45:09 352441 17apr2015 02:43:59 70 78673.8 | 145. | 352488 17apr2015 12:08:29 352487 17apr2015 12:08:15 14 13589.7 | |--------------------------------------------------------------------------------------| 146. | 352834 19apr2015 22:23:18 352833 19apr2015 22:23:05 13 5828.5 | 147. | 352912 20apr2015 11:49:23 352911 20apr2015 11:48:36 47 30391.8 | 148. | 352993 20apr2015 22:55:28 352992 20apr2015 22:54:58 30 29031.8 | 149. | 353492 24apr2015 11:38:59 353491 24apr2015 11:35:50 189 24709.9 | 150. | 353709 25apr2015 22:11:02 353708 25apr2015 22:08:08 174 25816.1 | |--------------------------------------------------------------------------------------| 151. | 353940 27apr2015 14:02:14 353939 27apr2015 13:55:41 393 27458.5 | 152. | 354140 28apr2015 21:26:47 354139 28apr2015 21:26:30 17 26407.4 | 153. | 354348 30apr2015 12:19:36 354347 30apr2015 12:19:18 18 27908.9 | 154. | 354503 01may2015 13:46:06 354502 01may2015 13:45:48 18 24658.7 | 155. | 354591 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I don't know whether you know about the hidden page of the forum. Let me assumed you don't know about it. At the end, use it or not, it is your choice. Here is a simple guide How to use it? * Meta https://bitcointalk.org/gettopics.php?user=1554927&board=24.0 * Beginners & Help https://bitcointalk.org/gettopics.php?user=1554927&board=39.0 * With: 1554927 (your userid), 24: board id of Meta; 39: board id of Beginners & Help.
This feature saves your time because: - Pros: It automatically updates topic titles whenever you make edits. You don't have to change topic titles manually.
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You can leave links to your topic lists over boards and people will go through it, choose what they want to read.
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1. How long will it take if I want to use transaction fees as I wish if the target I use is 2 MB from tip or how much time is required to process transaction per 1 MB using Mempool.
There are 2 things that will affect the waiting time of your transaction: - Mempool condition: will it remain stable or will it be loaded up more within short period?
- The likelihood of next found blocks: how long next blocks will be found?
1. If mempool condition is stable, first you are lucky because no more waiting transactions with higher fee rates load up and your waiting time will depend on the second factor. If mempool is loaded up more, your waiting time will be longer than initial expectation. 2. The average block time is 10 minutes but time interval between 2 blocks can be in seconds, or longer than 10 minutes. It depends and you can not control it. So I assumed mempool condition is almost stable, if the fee rate you use is 2 MB from the tip, that equals to 2 next blocks at the time you broadcast your transaction. The waiting time will be anywhere in between 1 or 2 minutes (rarely to see 2 new blocks are found within few seconds) to more than 20 minutes.
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According to Dune Analytics, the trading volume at DEXs has fallen in the last 30 days by 40%. < ... > What do you think about this? I could be wrong but to assess the trading activities of crypto market or of exchanges (centralized or decentralized, for your specific analysis) you should do it with 3 analyses at least: - Trading volume in total number of cryptocurrency traded
- Trading volume in total amount of BTC traded
- Trading volume in total amount of USD or USDT traded
It can help you to have different measure algorithms and avoid impacts from pumps or dumps of altcoins or tokens (in BTC or USDT trading pairs). Less volume in BTC or in USDT does not mean less trading activities. Same amount of altcoins or tokens are traded at different periods with different price of those altcoins/ tokens in BTC or USDT pairs can cause less value in total traded in BTC or in USDT. Combine 3 analyses and get a whole picture will be better, I believe.
Maybe I have weird thoughts but I am open-minded and it is my own opinion.
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